Wholesale

Farr takes over day-to-day operations while Kortas focuses on acquisitions, partnerships, new businesses, and LO economics

Questions over UWM’s capital structure, MSR valuations, and pricing strategy could carry consequences across the wholesale channel

One securities class action challenges UWM’s disclosures, while two newer stockholder suits target board oversight of the $27.5 billion derivatives position

NEXA Unlimited drops key production and recruiting requirements as the company bets its growing scale can support a broader 100% revenue model

Leaders from NEXA and Edge join three Vetted VA professionals on the organization’s first advisory board

The lender’s shares have traded below the exchange’s $1 threshold, putting a potential reverse stock split on the table

BrokerBrand TPO marks the retail lender’s first move into wholesale, promising to support brokers without competing for the clients they bring

Nearly 50 Matador originators will gain access to GoRascal’s newly completed 50-state platform as the Houston brokerage targets $1 billion in annual Texas production

Bullseye 90 can be applied to a conventional or government purchase or refinance loan through Sept. 8

Fitch downgraded the wholesale giant after leverage reached 6.1x, saying the preferred investment changes UWM’s funding structure but does not immediately reduce its debt burden